1780 GORE Road, London East

$600,000
1780 GORE Road

$600,000

Price Change
60d
DetachedBungalow

1780 GORE Road, London East

Total Monthly Obligation $3,080

Beds
4
Baths
1
Park
5
Sqft
1100-1500
DOM
60d
Score
20
Yield
5.0%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X13707454
Beds-4
Bathrooms-1
Size-1100-1500 sqft
Lot Size-98.11 × 220 ft
Listed on site-Aug 24, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,420 (2025)
Parking-5 - None
Basement-Unfinished, Development Potential
Heating-Other (Other)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Septic
Possession-30 Days
Neighbourhood-East Q
Title-Residential Freehold

No agent assigned

Large 4 bedroom brick home on 0.498 acre lot. Zoning allows for many possible commercial uses. Properties like this are hard to come by and rarely come available to buy. Amazing Location. This property is available for quick vacant possession. The heating system have been removed and the water supply lines have been removed. The property is being sold in "AS IS" condition with no representations or warranties from the Seller.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$480,000
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,080/mo
Mortgage $2,420
Monthly Loss $2,443
Principal$637
Interest$1,783
Property Tax$285
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,000/yr
NOI
$19,080/yr
Net Cash Flow
-$830/mo
Cash Margin
-33.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1780 GORE Road

Time

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Data last updated within the past 24 hours.